Virgin Group Competes Tesla With Electric Car

[Akash1886]

Friends,

Virgin group which is owned by entrepreneur Richard Branson and known in aviation and many other industrial sectors is planning to take up Tesla Motors by foraying into Electric Car Segment.

"We have teams of people working on electric cars," Branson told Bloomberg TV in Miami where his Virgin Racing team competed in the all-electric Formula E race that involves battery-powered cars. "So you never know, you may find Virgin competing with the Tesla in the car business as we do in the space business. We will see what happens."

Branson's Virgin Galactic is a commercial spaceflight company that competes with SpaceX, which was founded by Tesla CEO Elon Musk.

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Regards

Akash